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Covanta schedules 2Q16 report ?3


Covanta has scheduled its second quarter report after the bell on Tuesday, July 26th. Average analyst estimates are for a loss of 4 cents per share of on sales of $410M. Revenue estimates for the following quarter average $414M.

Although I think the stock is fairly valued, I'm still a bit surprised at how resilient it has been in terms of price, despite the 6% yield.